Just a quick note about the benefits of involving yourself in some kind of a Forex Trading Club. In my view, one of the biggest problems that individual Forex traders face is that they trade alone, they may even study Forex alone. The reality is that there is too much to learn and too many errors to make if you are trying to do it all on your own. You might end up taking your whole life to figure it out. The solution is in the word "collaborative", both in beating the learning curve and in the trading itself.
Consider this, if you take the time to study each element of the forex market individually, then take the time to implement each part into your trading till you find the best way, it can literally take years. As opposed to studying in a trading club environment, led by an experienced Forex coach, (such as myself), then you are able to cut out a majority of the fluff information that is not important in the overall picture; you can benefit from what others have discovered without going through the ups and downs yourself.
The same rule applies to your active trading, both in a Forex demo account or trading live. When you trade in a forex trading club, you should expect these benefits:
You are much less likely to place emotional trades, because your friends and coach will help you see clearly.
You will be led to trades that you could have missed, because you were busy or watching a different chart.
You can test a variety of strategies with a collaborative viewpoint and gain from the group's experience on each strategy.
You can learn to apply the tools, skills, and strategies you have researched from watching your Forex coach or fellow club members analyze it.
Your friends in the club will support & inspire you and we will all do better in the long run.
We particularly like the money we make by placing the trades we locate as a group during the club, or throughout the week on Skype.
There are more advantages I'm certain -- let's see which ones you realize when you visit a Forex trading club.
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